Sasol counters factual inaccuracies by the Democratic Alliance in its call for a proposed supertax petrol levy on Sasol.
- Sasol's total capital investment in SA was R24bn in the four years to last year. This represents almost 90% of SA's total foreign direct investment of R27bn over the same period.
- Provides direct and indirect employment for about 170 000 people, about 2% of the formal employment sector
- Contributes about R40 billion or 4% to national gross domestic product
- Saves the country more than R29 billion a year in foreign exchange
- Supplies about 40% of the country's liquid fuel requirements (28% from coal and 12% from crude oil)
- Produces 18% of the country's saleable coal
- Contributes 13% and 12% to the gross geographic products of the Free State and Mpumalanga provinces respectively
- Contributes more than R6 billion annually to the Government of SA in taxes and levies
- Commits about R100 million annually to social investment and university bursaries
Forward-looking statements: Sasol may, in this document, make certain statements that are not historical facts and relate to analyses and other information which are based on forecasts of future results and estimates of amounts not yet determinable. These statements may also relate to our future prospects, developments and business strategies. Examples of such forward-looking statements include, but are not limited to, statements regarding exchange rate fluctuations, volume growth, increases in market share, total shareholder return and cost reductions. Words such as “believe”, “anticipate”, “expect”, “intend”, “seek”, “will”, “plan”, “could”, “may”, “endeavour” and “project” and similar expressions are intended to identify such forward-looking statements, but are not the exclusive means of identifying such statements. By their very nature, forward-looking statements involve inherent risks and uncertainties, both general and specific, and there are risks that the predictions, forecasts, projections and other forward-looking statements will not be achieved. If one or more of these risks materialise, or should underlying assumptions prove incorrect, our actual results may differ materially from those anticipated. You should understand that a number of important factors could cause actual results to differ materially from the plans, objectives, expectations, estimates and intentions expressed in such forward-looking statements. These factors are discussed more fully in our most recent annual report under the Securities Exchange Act of 1934 on Form 20-F filed on 9 October 2013 and in other filings with the United States Securities and Exchange Commission. The list of factors discussed therein is not exhaustive; when relying on forward-looking statements to make investment decisions, you should carefully consider both these factors and other uncertainties and events. Forward-looking statements apply only as of the date on which they are made, and we do not undertake any obligation to update or revise any of them, whether as a result of new information, future events or otherwise.